Dcb Bank News Today : Breaking News, Live Updates & Top Stories | Vimarsana

DCB Bank revised its FD rates on May 22, offering senior citizens a maximum of 8.55 per cent.

Sanjiv Bhasin suggests focusing on Marico, Nestle, Hindustan Lever as top FMCG picks, adding Godrej Consumer. Largecap private banks like HDFC, ICICI, Kotak, Axis, IndusInd are recommended amidst various market dynamics and sector-specific opportunities. Bhasin says the wealth effect means real estate is the real play. Along with that, FMCG and IT will now be more defensive with pharma as a constituent for the index till the results.

Sanjiv Bhasin advises on market recovery, consumer stock investment, and potential buys such as Rattan Power, Coal India, Coforge, and Bajaj Finserv. He also highlights FII impact and Kotak Bank's analysis. Bhasin says: "We have an accumulate on Kotak Bank and we think this is a very good time as most of the negatives are priced in, the positives will be outweighed but time will have to be given over here."

NPST excelled in FY 2024 with a 216% surge in annual revenue and a 310% net profit increase. The company secured orders for innovative solutions and plans to focus on AI/ML technologies for future growth in digital payments.

Prabhudas Lilladher is bullish on DCB Bank has recommended buy rating on the stock with a target price of Rs 180 in its research report dated April 25, 2024.